Net Loss of Usha Martin Education & Solutions reported to Rs 0.24 crore in the quarter ended September 2016 as against net loss of Rs 0.76 crore during the previous quarter ended September 2015. Sales rose 70.59% to Rs 0.58 crore in the quarter ended September 2016 as against Rs 0.34 crore during the previous quarter ended September 2015.

The result was announced after market hours yesterday, 9 November 2016.

Meanwhile, the S&P BSE Sensex was up 463.39 points or 1.7% at 27,715.92.

On BSE, so far 14,000 shares were traded in the counter as against average daily volume of 39,000 shares in the past two weeks. The stock was volatile. The stock rose as much as 3.79% at the days high of Rs 702 so far during the day. The stock was up 0.39% at the days low of Rs 679 so far during the day. The stock had hit a record high of Rs 769.50 on 29 July 2016. The stock had hit a 52-week low of Rs 521.05 on 14 December 2015. The stock had underperformed the market over the past one month till 9 November 2016, sliding 5.9% compared with 2.88% fall in the Sensex. The scrip had also underperformed the market in past one quarter, declining 6.57% as against Sensexs 2.96% fall.

The large-cap company has equity capital of Rs 51.27 crore. Face value per share is Rs 1.

Bharat Puri, Managing Director, Pidilite Industries, commented that in the context of continued challenging market conditions, the company delivered steady sales volume growth. It continues to focus on growing its core categories through appropriate investment and driving operational efficiencies, Puri said.

Pidilite Industries is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (Do-It-Yourself) products and polymer emulsions in India.

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Board of Odyssey Technologies approves shifting of registered office

Nov 10,2016

The Board of Directors of Odyssey Technologies at their meeting held on 09 November 2016 approved shifting of registered office of the Company to 5th floor, Dowlath Towers, 63, Taylors Road, Kilpauk, Chennai - 600 010 with effect from 01 December 2016.

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DCM Shriram lights up after commissioning additional captive power generation at plant

Nov 10,2016

The announcement was made after market hours yesterday, 9 November 2016.

Meanwhile, the BSE Sensex was up 357.32 points, or 1.31%, to 27,609.85.

On BSE, so far 9,108 shares were traded in the counter, compared with an average volume of 35,871 shares in the past one quarter. The stock hit a high of Rs 245 and a low of Rs 227.30 so far during the day. The stock hit a record high of Rs 286.45 on 25 October 2016. The stock hit a 52-week low of Rs 107 on 12 February 2016. The stock outperformed the market over the past one month till 9 November 2016, rising 0.81% compared with the Sensexs 2.88% fall. The scrip however underperformed the market in past one quarter, declining 5.16% as against the Sensexs 2.96% decline.

The mid-cap company has an equity capital of Rs 32.48 crore. Face value per share is Rs 2.

DCM Shriram said that the total coal based captive power generation at the Bharuch, Gujarat unit now stands at 115 megawatts (MW). The increased power generation capacity will meet the power requirements of its chloro-alkali unit at Bharuch, Gujarat wherein the expansion of chlor-alkali capacity to 1,013 tonnes per day (TPD) was completed in October 2016.

On a consolidated basis, DCM Shrirams net profit rose 48% to Rs 91.50 crore on 4% drop in net sales to Rs 1358.63 crore in Q2 September 2016 over Q2 September 2015.

DCM Shrirams business portfolio comprises primarily of two types of businesses: agri-rural business and chlor-vinyl business.

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Snowman Logistics slides after reverse turnaround in Q2

Nov 10,2016

The result was announced after market hours yesterday, 9 November 2016.

Meanwhile, the S&P BSE Sensex was up 382.88 points or 1.4% at 27,635.41.

On BSE, so far 1.44 lakh shares were traded in the counter as against average daily volume of 2.61 lakh shares in the past two weeks. The stock hit a high of Rs 58.95 and a low of Rs 57 so far during the day. The stock had hit a record low of Rs 46.20 on 29 February 2016. The stock had hit a 52-week high of Rs 97.50 on 27 November 2015. The stock had underperformed the market over the past one month till 9 November 2016, sliding 7.6% compared with 2.88% fall in the Sensex. The scrip had also underperformed the market in past one quarter, declining 18.62% as against Sensexs 2.96% fall.

The small-cap company has equity capital of Rs 167.09 crore. Face value per share is Rs 10.

A significant reason for the losses reported during Q2 September 2016 was that the company decided to make a one time provision of Rs 8.79 crore towards asset refurbishment both on old transport fleet and some old warehouses, as well as customer claims due to stock losses and damages at some of its warehouses. Snowman Logistics said it has taken appropriate corrective action, in terms of improvements in the systems and process to prevent any recurrence of such incidents.

Snowman Logistics is an integrated temperature controlled logistics services provider with an ability to service customers on a pan India basis.

Net loss of Orosil Smith India reported to Rs 0.09 crore in the quarter ended September 2016 as against net profit of Rs 0.01 crore during the previous quarter ended September 2015. Sales declined 78.40% to Rs 0.27 crore in the quarter ended September 2016 as against Rs 1.25 crore during the previous quarter ended September 2015.

Net profit of Oracle Financial Services Software rose 108.69% to Rs 465.41 crore in the quarter ended September 2016 as against Rs 223.02 crore during the previous quarter ended September 2015. Sales rose 9.05% to Rs 907.82 crore in the quarter ended September 2016 as against Rs 832.51 crore during the previous quarter ended September 2015.

Net Loss of Usha Martin Education & Solutions reported to Rs 0.24 crore in the quarter ended September 2016 as against net loss of Rs 0.76 crore during the previous quarter ended September 2015. Sales rose 81.25% to Rs 0.58 crore in the quarter ended September 2016 as against Rs 0.32 crore during the previous quarter ended September 2015.

Net Loss of J J Exporters reported to Rs 3.61 crore in the quarter ended September 2016 as against net loss of Rs 4.26 crore during the previous quarter ended September 2015. Sales declined 53.09% to Rs 1.44 crore in the quarter ended September 2016 as against Rs 3.07 crore during the previous quarter ended September 2015.

Net profit of Nettlinx rose 1040.00% to Rs 1.14 crore in the quarter ended September 2016 as against Rs 0.10 crore during the previous quarter ended September 2015. Sales rose 56.60% to Rs 2.49 crore in the quarter ended September 2016 as against Rs 1.59 crore during the previous quarter ended September 2015.

Net profit of Regency Trust reported to Rs 0.02 crore in the quarter ended September 2016. There were no net profit/loss reported during the previous quarter ended September 2015. Sales rose 216.67% to Rs 0.19 crore in the quarter ended September 2016 as against Rs 0.06 crore during the previous quarter ended September 2015.

Net profit of Saregama India declined 55.60% to Rs 1.15 crore in the quarter ended September 2016 as against Rs 2.59 crore during the previous quarter ended September 2015. Sales declined 14.22% to Rs 47.82 crore in the quarter ended September 2016 as against Rs 55.75 crore during the previous quarter ended September 2015.

Net Loss of FGP reported to Rs 0.25 crore in the quarter ended September 2016 as against net loss of Rs 0.16 crore during the previous quarter ended September 2015. Sales rose 50.00% to Rs 0.03 crore in the quarter ended September 2016 as against Rs 0.02 crore during the previous quarter ended September 2015.

Net profit of Polaris Consulting & Services declined 27.90% to Rs 41.14 crore in the quarter ended September 2016 as against Rs 57.06 crore during the previous quarter ended September 2015. Sales declined 6.60% to Rs 506.72 crore in the quarter ended September 2016 as against Rs 542.50 crore during the previous quarter ended September 2015.

Net Loss of Adhbhut Infrastructure reported to Rs 0.02 crore in the quarter ended September 2016 as against net loss of Rs 0.07 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 as against Rs 0.27 crore during the previous quarter ended September 2015.